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FAB, Mashreq and DP World are returning to debt markets as spreads stay wider than pre-war levels
FAB’s own price talk lands almost exactly on the wider UAE corporate spread Fitch flagged three weeks ago
THIS MORNING: Adia-backed Jio takes its IPO on the road + ADGM assets up 54% y-o-y in 1H
Plus: India’s Odisha state is back in the UAE
Mirae Asset opens DIFC office, Sav banks USD 3.5 mn for Saudi push, Investment Ministry helps Sunstone + EGA’s aluminum ambitions
Another global manager lands in DIFC South Korea’s Mirae Asset — which oversees more than USD 400 bn globally —…
Abu Dhabi to add Harry Potter to its growing entertainment lineup
The expansion cements Abu Dhabi's bet that global entertainment IP is its next growth engine for tourism
Abu Dhabi Investment Council taps new CIO for private equity + Al Masaood taps its auto CEO as interim group boss
Tansel will stay on as CEO of Al Masaood Automobiles, the authorized Nissan, Infiniti and Renault dealer in Abu Dhabi,…
THIS MORNING: Production back up and running at Ruwais + Adia backs USD 3.2 bn India fund
Plus: Alpha Dhabi puts more skin in the game in private credit JV with Mubadala
ADFD gives Jordan another boost, Oro raises USD 3 mn, Fujairah to add 1.7 mn tons of cement capacity
The Abu Dhabi Fund for Development is backing a USD 70 mn expansion of Jordan’s natural gas network
Taqa to delist from the ADX after L’imad acquisition
Next up: AD Ports?
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